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Qantas eyes Sydney-London direct flights

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Qantas says by using the next generation long-haul carriers, it should cut the 20-hour journey from Sydney to London by four hours, while nearly three hours will be lopped off flights from Melbourne to NY. Now, as technology has matured, Qantas executives finally see the potential to realize that dream. Qantas Loyalty booked a record $369 million Underlying EBIT on a 4 per cent increase in revenue as it continued to diversify its earnings. Read More »

Samsung heir awaits verdict in corruption trial

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Chaebols are South Korea's large, family-run conglomerates that have historically played an important role in the country's economic development. Lee, the 49-year-old heir to one of the world's biggest corporate empires, has been held since February on charges that he bribed Park to help secure control of a conglomerate that owns Samsung Electronics , the world's leading smartphone and chip maker, and has interests ranging from drugs and home appliances to insurance and hotels. Read More »

Activist takes sledgehammer to Christopher Columbus monument in northeast Baltimore

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Another person holds a sign that reads: " Racism, tear it down ". " Christopher Columbus symbolizes the initial invasion of European capitalism into the Western Hemisphere", the video's narrator stated. Alluding to the growing national controversy surrounding Confederate monuments in the USA, he labels "hate-filled monuments" as tools of white supremacy. Read More »

Comparing Express, Inc. (EXPR) and American Eagle Outfitters, Inc. (AEO)

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The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand ( AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. The company's revenue for the quarter was up 2.7% compared to the same quarter past year. The company's quarterly revenue was up 2.7% compared to the same quarter previous year. Read More »

Fargo Police confirm baby removed from apartment where pregnant woman went missing

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We will continue to update you as more information comes in. A newborn was found in another apartment in the building Thurs. afternoon, but there's still no sign of greywind. He says it has not been determined whether the baby is Greywind's child. A second-floor neighbor in the family's apartment building said that he and a roommate heard sustained noise in the bathroom above their apartment on Saturday afternoon, according to the Pioneer . Read More »

Valero Energy Partners (VLP) Earns Media Sentiment Score of 0.09

Arrowgrass Capital Partners Lp acquired 1,745 shares as Valero Energy Corp New (Call) ( VLO)'s stock declined 2.47%. The stock declined 1.14% or $0.09 reaching $7.39 per share. RBC Capital Markets has "Buy" rating and $7700 target. Standpoint Research initiated it with "Accumulate" rating and $84 target in Friday, June 30 report. Read More »

U.S. oil inventories down by 3.3 mln bbls

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Oil prices have been under pressure in recent weeks as concern over rising US shale output canceled out production cuts by OPEC and non-OPEC members. Gasoline crack spreads are climbing on the assumption "that you'll have enough loss of refinery output with a day or two shutdown". Read More »

Ringgit opens lower against U.S. dollar

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European Central Bank president Mario Draghi and Federal Reserve chairwoman Janet Yellen will speak on Friday, with markets watching for hints on the future path for monetary policy. The reading for June was revised down from 106.3. The euro was flat at $1.1804, after climbing on Wednesday on surveys that showed German and French manufacturing and services were expanding. Read More »

Apple to build data center in Iowa, joining Microsoft, Facebook, and Google

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Apple officially announced a data center project for Waukee, Iowa, just a couple of days after the project was first rumored . Like all Apple data centers, the new facility will run entirely on renewable energy from day one. They will serve North American users of iMessage, Siri , the App Store and other Apple services. Like other large companies, Apple routinely receives tax refunds, abatements, and other government incentives when looking for new project sites. Read More »

Signet Jewelers Limited (SIG)

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Guggenheim Cap Limited holds 0.08% or 307,582 shares. Breton Hill Capital Ltd reported 4,458 shares or 0.19% of all its holdings. Concorde Asset Management Llc sold 7,537 shares as International Business Machs (IBM)'s stock declined 15.88%. Read More »

JM Smucker Company (The) New (SJM) Saw a 52-Week Low

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Jefferies maintained it with "Buy" rating and $75.0 target in Tuesday, August 15 report. The sales growth rate helps investors determine how strong the overall growth-orientation is for a stock or portfolio. (NASDAQ:GRBK) stake by 87,738 shares and now owns 394,600 shares. It had forecast a 1% rise, based in the main on price increases. The company reported $1.80 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.72 by $0.08. Read More »

UEFA Champions League Qualifying Wrap 22 August 2017

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Pot four: Celtic , CSKA Moscow , Sporting Lisbon , APOEL Nicosia, Feyenoord , Maribor, Qarabag , RB Leipzig . However, with the likes of Barcelona , Atletico Madrid and Paris Saint-Germain lurking in pot two , the path out of the group stage may not be as simple. Read More »

FTC clears Amazon's acquisition of Whole Foods

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The Federal Trade Commission (FTC) determined, however, that the two entities weren't in sufficient competition with each other to implicate trust concerns. The watchdog's decision reportedly came just hours after Whole Foods's shareholders agreed to the merger , clearing the way for Amazon's takeover of the company. Read More »

Popular Robots "Dangerously Easy" To Hack For Violence

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The security team found nearly 50 critical security issues in the home, business, and industrial robots from manufacturers including Universal Robots and Rethink Robotics. UBTech's Alpha series home robots did not encrypt sensitive information they captured before storing or transmitting it, opening an avenue for cybercriminals to potentially steal important personal information, IOActive said. Read More »

Sears is closing 28 more Kmart stores

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In an attempt to return to profitability, Sears has been trimming its real estate portfolio and seeking additional liquidity. Kohl's Department Stores has also been struggling with declining retail sales, but that company's CEO said that rather than close stores, it will shrink existing stores . Read More »

Audi is developing a 'solar sunroof' to power your electric vehicle

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Both companies say they will have completed a joint prototype of the solar-powered panoramic roof later this year - with more advanced designs covering the entire roof arriving after that. Through this collaboration, the two companies opine that these advances will not only help Audi in achieving its ambitions of cleaner and emission-free mobility, but can also open a window of opportunities to expand the thin-film solar technology. Read More »

Dixons Carphone shares plunge 30% after profit warning

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In a statement , the company said it has seen a "more challenging" environment in the British cellphone market as a result of currency fluctuations that have made handsets more expensive and a slower pace in technical innovation. The shares dived 30pc to 165p by 07:25 this morning. Challenging conditions in Britain's mobile phone market will drive annual profits down from £501m previous year to between £440m and £360m, chief executive Seb James said in an unscheduled trading update. Read More »

Lowe's misses earnings estimates, cuts profit margin forecast

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Shares of Lowe's , the No. 2 USA home improvement retailer, dipped more than 5 percent to $71.78 in premarket trading. Operating income was $2.38 billion in the quarter versus $2.05 billion in the year-before period. "This includes amplifying our consumer messaging and incremental customer-facing hours in our stores, which will put pressure on our operating margin ", he added. Read More »

Navy Dismisses 7th Fleet Commander

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The incidents have sparked concern that the US Navy could be overstretched in East Asia as it tackles China's rising assertiveness and North Korea's nuclear ambitions. of our missing shipmates, and our deepest sympathies go out to the families of those shipmates", he said. The admiral did not rule out some kind of outside interference or a cyber-attack being behind the latest collision, but said he did not want to prejudge the inquiry. Read More »

Celtic boss Brendan Rodgers bemoans "yearly" moments of Champions League stress

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After winning 2-0 in the first leg, goals from Jose Callejon and Lorenzo Insinge secured the win in the second leg on Wednesday evening. "We recovered well past year and now we're a stronger unit". "Every Celtic fan is sick of getting Barcelona , so we'll try to avoid them". Olympiacos defeated Rijeka 1-0 thanks to Marko Marin, whose first-half goal wrapped up a 3-1 aggregate win. Read More »

Atlantic salmon escape fish farm

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Fishermen and wildlife officials are anxious about the effect the farmed salmon will have on the native Atlantic salmon that inhabit the waters in the area. Another spokesperson for the department said the DFO's science "shows that there is an extremely low likelihood" of Atlantic salmon becoming established in B.C. Read More »

Infy jumps 3% on buzz of Nilekani's return at IT major

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A report by News18, citing CNBC TV18, says that Nilekani's role at Infosys would be "cleared" within the next 48 hours. Nandan Nilekani was among the seven founders that set up Infosys more than three decades ago and served as its CEO between March 2002 to April 2007. Read More »

Invite Nilekani to join Infosys board: Domestic investors

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Murthy, however, maintained that his only concerns are the lapses in corporate governance standards, something that Infosys was admired for at one point. Sebi chief Ajay Tyagi on Tuesday said the capital markets regulator is keeping a close watch on the price movement of the stock. Foreign portfolio investors (FPIs) net diluted shares worth Rs 1,157.52 crore yesterday, showed provisional data. Read More »